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Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% and 1.3 times over the same period last year, surpassing the full year of 2008’s 2.847mln tons and U.S.$190mln.
In October, coal imports were 395,000 tons valuing U.S.$33.047mln, up by 65.3% and one time, correspondingly.
Under the condition of a reduction 19% in total Fangcheng port importing amount, coal imports always keeps upturn.
Coking coal and anthracitic coal are main import products. Main traders are Australia and Indonesia. As for the continuous influence of global financial crisis, China highly adjust the policies, which efficiently curbs the overall economic environment pick-up, cement, steel and other industries also gradually started to resume production, meanwhile, the sharply increasing power consumption resulted in by the consecutive high-temperature dry weather for late-summer in Guangxi and the coal storage in advance with the approaching of winter greatly boost the coal imports of Fangcheng port.
Source: MetalBiz / Alibaba
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Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
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